Is Deerfield Township, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Deerfield Township is a seller's market


Difference Since August 2021

At the same time last year, Deerfield Township was a Neutral Market.

Key Takeaway

Deerfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Deerfield Township, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2021


Key Takeaway

Homes in Deerfield Township have sold for 20.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
2 $144.9K$82.5K
3 $207.7K$178K
4 $129K$190K
5+ -$310K

Median Sold Price Compared To Nearby Cities

Deerfield Township
Winfield Township
Aetna Township

How many homes are available in Deerfield Township, MI?

Number of Homes For Sale

Jul 2022Aug 2022%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
2 21
3 31
4 22
5+ 00

Number of Homes Sold

Jul 2022Aug 2022%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deerfield Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Deerfield Township has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Deerfield Township, MI

Number of homes for sale in Deerfield Township, MI real estate market have reached 4. The number of homes for sale in Deerfield Township, MI decreased by 42.9% between July 2022 and August 2022. The median list price of listings available in August 2022 was $174,000, while the average time on the real estate market was 41 days. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went down by 43.1%, prices of 3 bedrooms properties decreased by 14.3%, the cost of 4 bedrooms properties went up by 47.3%, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 50% less available, the quantity of 3 bedrooms homes went down by 66.7%, 4 bedrooms homes did not move, number of 5 bedrooms homes remained the same. In August 2022, from all listings sold in Deerfield Township, MI there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.

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